The report "Insulation Coatings Market by Type (Acrylics, Epoxy, Polyurethane, YSZ, Mullite, and Others), by End-Use Industry (Aerospace, Automotive & Transportation, Industrial, Marine, Buildings & Construction and Others), by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Global Trends & Forecasts to 2021", The global insulation coatings market size is estimated to reach USD 8.29 Billion by 2021, at a CAGR of 7.9%

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Insulation Coatings Market
by Type ,Application - & by Region Global
Trends & Forecast to 2021

2. Insulation Coatings Market by Type (Acrylics, Epoxy,
Polyurethane, YSZ, Mullite) Region (North America, Europe,
Asia-Pacific, Middle East & Africa, and South America) & by
Region - Global Forecast to 2021
The global insulation coatings market size, which was USD 5.26
Billion in 2015, is estimated to reach USD 8.29 Billion by 2021 at a
CAGR of 7.9% between 2016 and 2021. The base year considered
for the study is 2015, while the forecast period is between 2016
and 2021.
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290

3. Yttria-Stabilized Zirconia (YSZ): The Largest Market of
insulation Coatings
Yttria-stabilized zirconia (YSZ) is estimated to be the largest
market of insulation coatings in terms of value. YSZ based
thermal insulation coatings are suitable for high-
temperature and corrosion environments.
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4. These coatings are useful in gas turbine engines, diesel engines, and power generation
systems and account. The thermal properties of these insulation coatings such as low
thermal conductivity and thermal shock resistance and high thermal co-efficient are the
key factors for the growth.
Marine Industry: The Fastest-growing End-use Industry for Insulation Coatings
The marine industry is the fastest-growing market in terms of value for insulation coatings.
The growing marine industry and considerable rise in the use of insulation coatings due to
increasing need for protection of PCBs that function in harsh chemical environments are
the key factors, driving the market in this segment.
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5. Asia-Pacific: The Largest Market of Insulation Coatings
The Asia-Pacific region was the world’s largest market for insulation coatings, in terms of
both volume and value in 2015. China is the key consumer of insulation coatings in Asia-
Pacific. Various new product developments and growing end-use industries have in turn
made the region a potential growth market for insulation coatings.
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6. The market is driven by increasing demand for insulation
coatings in emerging markets and high demand from aerospace
& defense, automotive & transportation, industrial, and marine
industries. Asia-Pacific is projected to witness s strong growth in
the forecast period. Growth in this region can be attributed to
high demand from emerging markets such as China and India
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7. Key Player :
The Dow Chemical Company (U.S.), Akzo Nobel N.V. (Netherlands), PPG
Industries (U.S.), The Sherwin-Williams Company (U.S.), Kansai Paint (Japan),
Jotun Group (Norway), Mascoat (U.S.), Carboline (U.S.), Nippon Paint (Japan),
Sharpshell Industrial Solution (South Africa).

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Mr. Rohan
Markets and Markets
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1-888-600-6441
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